By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Health Works CollectiveHealth Works CollectiveHealth Works Collective
  • Health
    • Mental Health
    Health
    Healthcare organizations are operating on slimmer profit margins than ever. One report in August showed that they are even lower than the beginning of the…
    Show More
    Top News
    physical health
    5 Ways Playing Games Can Improve Neural and Physical Health
    September 9, 2022
    Reasons For Hair Loss and Its Treatment
    Reasons For Hair Loss and Its Treatment
    February 16, 2022
    healthcare organization
    5 Actionable Strategies For Healthcare Organizations
    August 15, 2022
    Latest News
    7 Most Common Healthcare Accreditation Programs: Which Should You Use?
    August 20, 2025
    Hospital Pest Control and the Fight Against Superbugs
    August 20, 2025
    Hygiene Beyond The Clinic: Attention To Overlooked Non-Clinical Spaces
    August 13, 2025
    5 Steps to a Promising Career as a Healthcare Administrator
    August 3, 2025
  • Policy and Law
    • Global Healthcare
    • Medical Ethics
    Policy and Law
    Get the latest updates about Insurance policies and Laws in the Healthcare industry for different geographical locations.
    Show More
    Top News
    Almost Anybody Qualifies for Medicaid in Maine
    November 23, 2012
    ebola and EHR
    Ebola: Are We Relying on EHR to Tell the Story?
    October 24, 2014
    Caitlin Kelly
    How Would You Fix Healthcare? – Question and Answers.
    January 16, 2013
    Latest News
    How Social Security Disability Shapes Access to Care and Everyday Health
    August 22, 2025
    How a DUI Lawyer Can Help When Your Future Health Feels Uncertain
    August 22, 2025
    How One Fall Can Lead to a Long Road of Medical Complications
    August 22, 2025
    How IT and Marketing Teams Can Collaborate to Protect Patient Trust
    July 17, 2025
  • Medical Innovations
  • News
  • Wellness
  • Tech
Search
© 2023 HealthWorks Collective. All Rights Reserved.
Reading: Why 1 + 1 = 10 for Physicians and Information Technologists
Share
Notification Show More
Font ResizerAa
Health Works CollectiveHealth Works Collective
Font ResizerAa
Search
Follow US
  • About
  • Contact
  • Privacy
© 2023 HealthWorks Collective. All Rights Reserved.
Health Works Collective > Business > Hospital Administration > Why 1 + 1 = 10 for Physicians and Information Technologists
BusinessHospital AdministrationTechnology

Why 1 + 1 = 10 for Physicians and Information Technologists

Bill Crounse
Bill Crounse
Share
4 Min Read
SHARE

An article in Becker’s Hospital Review caught my attention this morning, not specifically because of the topic but rather because of what it portends for the careers of physicians and health IT workers.

An article in Becker’s Hospital Review caught my attention this morning, not specifically because of the topic but rather because of what it portends for the careers of physicians and health IT workers. The article, 10 Concerns and Trends Facing Hospitals Right Now, is a terrific synopsis of everything a hospital CEO should be focused on these days if he or she wants his or her hospital to survive. The concerns range from the growth of high-deductible insurance plans and accountable care organizations to narrow networks and the challenges of staying independent. Indeed, these are important trends worthy of attention. But I was drawn to two specific concerns in the article ( #8 and #9) that actually spell good news for physicians and hospital IT staff, and perhaps even better news for doctors who are skilled in both medicine and information technology.

image

Concern #8 in the article is Huge Growth in IT Spending. As the article points out, health IT spending exploded in 2014. In a 2014 survey of hospital executives by Premier, nearly half of hospital executives said their largest capital investment over the coming year will be in Health IT. That is certainly not surprising considering the billions of federal dollars flowing into initiatives to digitize the American healthcare system, and I wouldn’t expect hospital and health system investments in IT to falter much even after the federal money begins to wane. With “accountable care” and payment plans based on risk and quality over volume, hospitals will need finely tuned data analytics solutions to stay one step ahead of their competitors. And yes, as the Becker’s article points out, these capital investments will be challenging in the short term but absolutely essential when it comes to long-term gains. Moody’s states that hospitals that invest in information technology and outpatient services are the ones most likely to survive this era of challenging operating conditions.

More Read

MR-guided Focused Ultrasound Spotlighted on the CBS Evening News
Health Patients Say Thank You to Employees
A New Ultrasound System Design to Support HAI Reduction Programs and Infection Control
5 Examples of How Big Data Analytics in Healthcare Saves Lives
Patient Engagement in Healthcare: Stewards of the Brand Promise

imageConcern #9 in the Becker’s article cites Competition for Physicians. It suggests that the huge demand for physicians and the relatively small supply of them (especially in primary care and in rural areas) will make recruiting tough. The Association of American Medical Colleges estimates a physician shortage of more than 130,000 doctors by 2025, and a study in Health Affairs suggests a doubling in the need for geriatric specialists over the next decade or so. The Becker’s article concludes, “Physicians and health IT staff seem to be the two relative untouchables in a challenging economic environment”.

So, if you are a health IT worker or a physician that’s good news. You may not get rich, but you should expect a reasonably good run for the foreseeable future. If you develop or sell software or IT services for healthcare, you can also expect some good years ahead. And if you happen to be both a skilled physician and a knowledgeable information technologist, the world may be your oyster—at least until the computers (or should I say the machine learning, neural networks in the cloud) get so smart that neither doctors nor information technologists are required anymore.

What do you think?

TAGGED:Health IT
Share This Article
Facebook Copy Link Print
Share

Stay Connected

1.5kFollowersLike
4.5kFollowersFollow
2.8kFollowersPin
136kSubscribersSubscribe

Latest News

engineer fitting prosthetic arm
How Social Security Disability Shapes Access to Care and Everyday Health
Health care
August 20, 2025
a woman explaining the document
How a DUI Lawyer Can Help When Your Future Health Feels Uncertain
Public Health
August 20, 2025
physiotherapist at work
How One Fall Can Lead to a Long Road of Medical Complications
Health care
August 20, 2025
Common Healthcare Accreditation Programs
7 Most Common Healthcare Accreditation Programs: Which Should You Use?
Health News
August 20, 2025

You Might also Like

medical imaging
Medical InnovationsTechnology

Beneath the Surface: The Vital Role of Medical Imaging

August 12, 2024
MarketingTechnology

Importance Of CRM Software In The Healthcare Industry

July 11, 2019
optimize healthcare business
News

Top Tips To Optimize Operations In Your Healthcare Office

June 30, 2023

Study: Hospital Discharge of Medicare Beneficiaries Increased Utilization Rates and Spending Post Discharge

August 3, 2011
Subscribe
Subscribe to our newsletter to get our newest articles instantly!
Follow US
© 2008-2025 HealthWorks Collective. All Rights Reserved.
  • About
  • Contact
  • Privacy
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?